180 Wealth Advisors LLC Has $231,000 Stake in Digital Realty Trust, Inc. (NYSE:DLR)

180 Wealth Advisors LLC trimmed its position in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,302 shares of the real estate investment trust’s stock after selling 66 shares during the period. 180 Wealth Advisors LLC’s holdings in Digital Realty Trust were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in DLR. Federated Hermes Inc. increased its holdings in Digital Realty Trust by 49.9% during the second quarter. Federated Hermes Inc. now owns 6,931 shares of the real estate investment trust’s stock worth $1,054,000 after buying an additional 2,307 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Digital Realty Trust by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 391,051 shares of the real estate investment trust’s stock valued at $59,459,000 after purchasing an additional 2,479 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Digital Realty Trust by 543.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,447,340 shares of the real estate investment trust’s stock valued at $220,068,000 after purchasing an additional 1,773,591 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Digital Realty Trust in the second quarter valued at $9,105,000. Finally, Mutual of America Capital Management LLC increased its holdings in shares of Digital Realty Trust by 2.9% in the second quarter. Mutual of America Capital Management LLC now owns 43,796 shares of the real estate investment trust’s stock valued at $6,659,000 after purchasing an additional 1,217 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Digital Realty Trust

In other news, CFO Matt Mercier sold 2,518 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $187.40, for a total transaction of $471,873.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.17% of the company’s stock.

Digital Realty Trust Stock Up 0.5 %

Shares of NYSE DLR opened at $174.78 on Thursday. The company has a 50 day simple moving average of $183.21 and a 200 day simple moving average of $166.36. The firm has a market cap of $57.98 billion, a PE ratio of 146.87, a price-to-earnings-growth ratio of 4.91 and a beta of 0.64. Digital Realty Trust, Inc. has a 1 year low of $131.42 and a 1 year high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61.

Digital Realty Trust (NYSE:DLR) last issued its quarterly earnings data on Thursday, October 24th. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.58). The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.43 billion. Digital Realty Trust had a net margin of 8.04% and a return on equity of 2.24%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.62 EPS. On average, research analysts forecast that Digital Realty Trust, Inc. will post 6.71 EPS for the current year.

Digital Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Friday, December 13th will be given a dividend of $1.22 per share. This represents a $4.88 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date is Friday, December 13th. Digital Realty Trust’s dividend payout ratio is presently 410.08%.

Analysts Set New Price Targets

DLR has been the topic of several research reports. Hsbc Global Res upgraded shares of Digital Realty Trust from a “moderate sell” rating to a “hold” rating in a report on Friday, October 4th. Jefferies Financial Group upped their price objective on shares of Digital Realty Trust from $190.00 to $205.00 and gave the company a “buy” rating in a report on Friday, October 25th. JPMorgan Chase & Co. upped their price target on shares of Digital Realty Trust from $180.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Evercore ISI upped their price target on shares of Digital Realty Trust from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Raymond James upped their price target on shares of Digital Realty Trust from $170.00 to $190.00 and gave the company a “strong-buy” rating in a research note on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Digital Realty Trust has an average rating of “Moderate Buy” and an average target price of $177.32.

About Digital Realty Trust

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx) solution methodology for powering innovation and efficiently managing Data Gravity challenges.